There are about 190 countries in the world, and for a short time the only countries requiring expat tax filing was Libya and the USA.
Now it:s only the USA. More;
Bankers used to LOVE Americans. But then the IRS went after the Swiss for their banking secrecy, and now if overseas banks don:t report holdings by Americans they can face a THIRTY PERCENT tax on EVERY one of their transactions that flowed through ANY US bank.
This means overseas banks all regard Americans as having the Ebola virus —they simply don:t want to deal with the demands, threats by the dictatorial US government.
It is basically an electronic Berlin Wall.
On the privelige side there is nothing to being an American, while on the responsibility side the burden is cruishing.
THE OPPOSITE OF WHAT IT USED TO BE.
Thanks everyone. Hubby is using this reason to move overseas. So far we are still here.